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At a time when low volumes have forced buyers to increase activity to feed early stage processing machinery, the Australian wool market held its ground and continued to strengthen last week. Wool prices moved upward despite stronger local currency with the Australian dollar increasing from its low of US75.85c early last week to a high of US77.25c . Consequently the EMI rose by 13c in local terms, but a significantly higher 29c in US dollar.

All superfine wool types rose steadily but the strongest rise were seen in the medium Merino types as buyers sought quantity to keep their mill machinery turning. The medium Merino categories increased by as much as 30c, as did the skirting types and cardings being used mainly for knitwear production. Crossbred wools failed to generate the same interest and closed the week more or less unchanged.

Currency movements often play a large part in wool market direction over the short term, with many buying limits being provided to an exporter in US dollars and only converted as lots are purchased or at the end of a sale day. For much of last year, the wool market was supported by a lower exchange rate – at least in terms of prices received by Australian woolgrowers – and to date this year has not provided the same benefit. Since July the currency has been trading in a range of more or less 75c-77c and firmer commodity prices have prevented the Australian dollar from falling further despite the strengthening value of the US dollar.

At a time when low volumes have forced buyers to increase activity to feed early stage processing machinery, the Australian wool market held its ground and continued to strengthen last week. Wool prices moved upward despite stronger local currency with the Australian dollar increasing from its low of US75.85c early last week to a high of US77.25c . Consequently the EMI rose by 13c in local terms, but a significantly higher 29c in US dollar.

All superfine wool types rose steadily but the strongest rise were seen in the medium Merino types as buyers sought quantity to keep their mill machinery turning. The medium Merino categories increased by as much as 30c, as did the skirting types and cardings being used mainly for knitwear production. Crossbred wools failed to generate the same interest and closed the week more or less unchanged.

Currency movements often play a large part in wool market direction over the short term, with many buying limits being provided to an exporter in US dollars and only converted as lots are purchased or at the end of a sale day. For much of last year, the wool market was supported by a lower exchange rate – at least in terms of prices received by Australian woolgrowers – and to date this year has not provided the same benefit. Since July the currency has been trading in a range of more or less 75c-77c and firmer commodity prices have prevented the Australian dollar from falling further despite the strengthening value of the US dollar.

At a time when low volumes have forced buyers to increase activity to feed early stage processing machinery, the Australian wool market held its ground and continued to strengthen last week. Wool prices moved upward despite stronger local currency with the Australian dollar increasing from its low of US75.85c early last week to a high of US77.25c . Consequently the EMI rose by 13c in local terms, but a significantly higher 29c in US dollar.

All superfine wool types rose steadily but the strongest rise were seen in the medium Merino types as buyers sought quantity to keep their mill machinery turning. The medium Merino categories increased by as much as 30c, as did the skirting types and cardings being used mainly for knitwear production. Crossbred wools failed to generate the same interest and closed the week more or less unchanged.

Currency movements often play a large part in wool market direction over the short term, with many buying limits being provided to an exporter in US dollars and only converted as lots are purchased or at the end of a sale day. For much of last year, the wool market was supported by a lower exchange rate – at least in terms of prices received by Australian woolgrowers – and to date this year has not provided the same benefit. Since July the currency has been trading in a range of more or less 75c-77c and firmer commodity prices have prevented the Australian dollar from falling further despite the strengthening value of the US dollar.

At a time when low volumes have forced buyers to increase activity to feed early stage processing machinery, the Australian wool market held its ground and continued to strengthen last week. Wool prices moved upward despite stronger local currency with the Australian dollar increasing from its low of US75.85c early last week to a high of US77.25c . Consequently the EMI rose by 13c in local terms, but a significantly higher 29c in US dollar.

All superfine wool types rose steadily but the strongest rise were seen in the medium Merino types as buyers sought quantity to keep their mill machinery turning. The medium Merino categories increased by as much as 30c, as did the skirting types and cardings being used mainly for knitwear production. Crossbred wools failed to generate the same interest and closed the week more or less unchanged.

Currency movements often play a large part in wool market direction over the short term, with many buying limits being provided to an exporter in US dollars and only converted as lots are purchased or at the end of a sale day. For much of last year, the wool market was supported by a lower exchange rate – at least in terms of prices received by Australian woolgrowers – and to date this year has not provided the same benefit. Since July the currency has been trading in a range of more or less 75c-77c and firmer commodity prices have prevented the Australian dollar from falling further despite the strengthening value of the US dollar.

At a time when low volumes have forced buyers to increase activity to feed early stage processing machinery, the Australian wool market held its ground and continued to strengthen last week. Wool prices moved upward despite stronger local currency with the Australian dollar increasing from its low of US75.85c early last week to a high of US77.25c . Consequently the EMI rose by 13c in local terms, but a significantly higher 29c in US dollar.

All superfine wool types rose steadily but the strongest rise were seen in the medium Merino types as buyers sought quantity to keep their mill machinery turning. The medium Merino categories increased by as much as 30c, as did the skirting types and cardings being used mainly for knitwear production. Crossbred wools failed to generate the same interest and closed the week more or less unchanged.

Currency movements often play a large part in wool market direction over the short term, with many buying limits being provided to an exporter in US dollars and only converted as lots are purchased or at the end of a sale day. For much of last year, the wool market was supported by a lower exchange rate – at least in terms of prices received by Australian woolgrowers – and to date this year has not provided the same benefit. Since July the currency has been trading in a range of more or less 75c-77c and firmer commodity prices have prevented the Australian dollar from falling further despite the strengthening value of the US dollar.

At a time when low volumes have forced buyers to increase activity to feed early stage processing machinery, the Australian wool market held its ground and continued to strengthen last week. Wool prices moved upward despite stronger local currency with the Australian dollar increasing from its low of US75.85c early last week to a high of US77.25c . Consequently the EMI rose by 13c in local terms, but a significantly higher 29c in US dollar.

All superfine wool types rose steadily but the strongest rise were seen in the medium Merino types as buyers sought quantity to keep their mill machinery turning. The medium Merino categories increased by as much as 30c, as did the skirting types and cardings being used mainly for knitwear production. Crossbred wools failed to generate the same interest and closed the week more or less unchanged.

Currency movements often play a large part in wool market direction over the short term, with many buying limits being provided to an exporter in US dollars and only converted as lots are purchased or at the end of a sale day. For much of last year, the wool market was supported by a lower exchange rate – at least in terms of prices received by Australian woolgrowers – and to date this year has not provided the same benefit. Since July the currency has been trading in a range of more or less 75c-77c and firmer commodity prices have prevented the Australian dollar from falling further despite the strengthening value of the US dollar.

A new study has found a new type of fabric that could keep people cool in hot climates and reduce the need for expensive and energy-consuming air conditioning. A team of researchers have developed a low-cost, plastic-based textile that allows the body to release heat in a new manner. Just as sweating is one way the body cools off, the new clothing could help people reduce body heat. This cooling clothing could allow for air-conditioning to be set to a lower output than usual while still ensuring people stay cool, the researchers claimed.

According to the researchers, heating and cooling spaces contribute to 12.3 per cent of total energy consumption in the US and efforts to reduce energy use have focused on improving building insulation and enabling smart temperature control. However, engineers studying personal thermal management found that providing heating or cooling only to one person rather than the power needed to cool an entire building would result in far higher energy efficiency.

As with ordinary fabrics, the new material allows perspiration to evaporate. However, its other, new cooling mechanism works by allowing the heat the body emits as infrared radiation to pass through the textile, the researchers explained.

Spanish textile machinery companies are known for latest technologies in the following subsectors: spinning, braiding, technical fabric, dyeing, finishing and printing. And they are showing in strength at the ongoing ITMA ASIA + CITME 2016 in Shanghai.

Electro Jet that manufactures the ADR Rovematic roving frame with a variety of flyers’ format is at the show. The Rovematic has fast doffing and starts automatically after this doffing, without the need of any intervention of the operator. This allows a notable reduction of the machine stop time, increasing significantly this way the production of each roving frame. The set is completed with several auxiliary machines, static fans and draft green rollers cleaning.

Gali that makes flat screen printing machines for the long table, in order to obtain printed fabrics of great accuracy, unlimited amount of colors, high quality and versatility is also present. Auxiliary carriages for long tables are cloth extender carriages and washing carriages. Galan Textile Machinery makers of heavy-duty ring doubling and twisting machines is showcasing its range. Ring diameters are from 100 mm up to 400 mm. It also has two-for-one twisters, heavy-duty spindles, heavy-duty precision cross winders. Tacome with its complete line for the manufacturing of Raschel blankets, a printing line for both acrylic and polyester blankets, flat bed printing machines, printing steamers, washers and bleachers, dryers, and polishers is also at the show.

Sustainability is what Vicunha Textil is known for. And in keeping with this, its Spring/Summer 2017 collection will be made of waste yarn that would be turned into new yarn. The company, based in Fortaleza, is the largest textile industry in Latin America with more than 40 years of experience. The South American mill is on way to introduce Eco Recycle, a range of fabrics that incorporate waste yarn which is recycled back into the spinning process to create new yarn.

The line, available in stretch and rigid variations, achieves a uniform and consistent look despite the challenges that recycled yarn can often present. ‘The number of eco styles is continuing to increase and Vichuna is reflecting this trend by continually further developing new technologies, using every piece of BCI cotton and using extensive recycling including new dyeing and finishing procedures. This is eco power at its best,’ the mill said in a statement.
  Other key innovations for S/S 17 will include lightweight shirting for looser fit silhouettes. Category trends call for irregular slobs in the warp, fabrics with patchwork effects and coated dobby and herringbone textures. Other fabrications have a paper-like finish ideal for prints.

The mill is also witnessing demand for wide widths to create vintage-inspired silhouettes. The surge in orders is likely to make costs more competitive. The mill is now focusing on Dryarn technology, a high-performance denim with temperature control effects. The technology is geared toward performance sports as well as casual sportswear.

Welspun India the global leader in home textiles (terry towels, bed linens) in its Vision 2020 plans has chalked out a three-pronged strategy to achieve its target $2 billion in revenues with 25 per cent branded products share and becoming debt-free by the end of FY20. Mumbai-based Welspun India is Asia's largest and the 2nd largest terry towel producer in the world. The company exports more than 94 per cent of its towels to more than 34 countries.

The company’s market share in the US terry towel imports increased by 1.4x in the last two years. Welspun indicated that higher-margin innovative/branded products would help improve overall profitability. Significant FCF (Rs 3.7 billion in FY16) should help reduce its debt levels. It also suggested gaining further market share in US imports would be pivotal to achieving the company’s vision.

The company reported a 23 per cent revenue CAGR of over FY11-16 primarily through rapid market share gains in the US market. It is now targeting growth from newer geographies that includes UK, Europe and Japan and faster growth in institutional sales besides focusing on the branded segment in the domestic market. Welspun expects new capacities planned over FY17 to help drive incremental growth.

Calibrated capex spend, judicious working capital management coupled with improvement in profitability have helped the reputed company turn FCF positive within a span of three years. A hyper-investment phase is now behind the company which now intends to focus on balance sheet consolidation and quality of growth through higher contribution of branded sales.

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